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Kubotek (TSE:7709) Cyclically Adjusted Book per Share : 円83.94 (As of Dec. 2023)


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What is Kubotek Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Kubotek's adjusted book value per share for the three months ended in Dec. 2023 was 円32.887. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円83.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kubotek's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kubotek was -3.50% per year. The lowest was -4.90% per year. And the median was -4.70% per year.

As of today (2024-06-07), Kubotek's current stock price is 円212.00. Kubotek's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円83.94. Kubotek's Cyclically Adjusted PB Ratio of today is 2.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kubotek was 5.30. The lowest was 2.09. And the median was 3.41.


Kubotek Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kubotek's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kubotek Cyclically Adjusted Book per Share Chart

Kubotek Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.21 98.07 92.04 85.96 84.40

Kubotek Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.94 84.40 84.30 84.32 83.94

Competitive Comparison of Kubotek's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Kubotek's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kubotek's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kubotek's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kubotek's Cyclically Adjusted PB Ratio falls into.



Kubotek Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Kubotek's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=32.887/106.8000*106.8000
=32.887

Current CPI (Dec. 2023) = 106.8000.

Kubotek Quarterly Data

Book Value per Share CPI Adj_Book
201403 53.125 95.700 59.287
201406 83.860 98.000 91.390
201409 93.569 98.500 101.453
201412 88.588 97.900 96.641
201503 91.963 97.900 100.323
201506 90.211 98.400 97.912
201509 85.448 98.500 92.648
201512 82.655 98.100 89.985
201603 78.794 97.900 85.957
201606 82.211 98.100 89.502
201609 81.684 98.000 89.019
201612 76.779 98.400 83.333
201703 78.967 98.100 85.970
201706 71.779 98.500 77.827
201709 83.610 98.800 90.380
201712 85.289 99.400 91.638
201803 89.128 99.200 95.956
201806 81.722 99.200 87.983
201809 102.122 99.900 109.175
201812 94.310 99.700 101.026
201903 96.386 99.700 103.250
201906 91.347 99.800 97.754
201909 101.104 100.100 107.871
201912 96.032 100.500 102.052
202003 88.695 100.300 94.443
202006 83.087 99.900 88.826
202009 76.192 99.900 81.455
202012 80.762 99.300 86.862
202103 81.155 99.900 86.760
202106 79.446 99.500 85.275
202109 78.170 100.100 83.402
202112 76.093 100.100 81.186
202203 70.940 101.100 74.940
202206 68.446 101.800 71.808
202209 61.286 103.100 63.485
202212 55.547 104.100 56.988
202303 52.309 104.400 53.512
202306 46.543 105.200 47.251
202309 39.842 106.200 40.067
202312 32.887 106.800 32.887

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Kubotek  (TSE:7709) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Kubotek's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=212.00/83.94
=2.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kubotek was 5.30. The lowest was 2.09. And the median was 3.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Kubotek Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Kubotek's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Kubotek (TSE:7709) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kubotek Corp (TSE:7709) » Definitions » Cyclically Adjusted Book per Share
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4-3-36, Nakanoshima Kita-ku, Osaka, JPN, 530-0005
Kubotek Corp is a Japan-based company engaged in the manufacturing of computer systems, robots, exterior inspection system, and line observation and management system. The company operates through three divisions namely inspection systems, media and network systems, and creation-engineering. Its inspection systems divisions produce and sell inspection for the manufacturing industry. The media and network systems division develops and markets various remote monitoring systems, public video display systems and other network dealing with multimedia. Its creation engineering division designs and sells computer-assisted creation system products. The company's geographical segment includes Japan, the United States of America and Korea.

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